San Diego County Terminates OCIO Salient
The $10.6 billion public pension fund and Salient Partners will end their relationship as of August 15.
News
What Keeps Endowments and Foundations Up at Night?
More than 80% of E&F investors are worried about not being able to meet long-term goals and critical funding needs 10 years from now, according to NEPC.
Why Plan Sponsors Make Bad Plan Designers
Employer incentives + member behavioral biases = poor DC outcomes, policy researchers argue.
Dallas Pension Takes Hit to Real Assets Portfolio
As the Dallas Police & Fire Pension hunts for a CIO, the reality of the task ahead becomes clear as losses of $460 million are reported.
Stanford CEO Dismisses Majority of Investment Team
All but a handful of Stanford’s investment staffers have lost their jobs under new CEO Robert Wallace, CIO has learned.
Fed Rate Rise 'Not the Only Show in Town'
“Diversify more, expect less” in 2015, say strategists—and don’t dwell too much on the next Federal Reserve announcement.
Dutch Pensions Hit as Regulator Moves Discount Rate
Coverage ratios tumble in the Netherlands, a nation once lauded for its well-funded pension system.
What Are You Hedging?
Three asset owners talk to CIO about protecting their portfolios from the actions of central banks.
Newsmakers
Nominations Open for Industry Innovation Awards
You have until August 14 to tell us which asset owners and managers deserve to be singled out for innovations in business, strategy, and performance.
Managers Stockpile Cash as Tail Risk Fears Grow
A survey of fund managers revealed a level of wariness not seen since 2008.
Why Pension De-Risking Could Threaten Financial Stability
The IMF has warned of the unknown consequences of pension-risk transfers and the linkages they spawn across financial system sectors.
Oberlin Endowment Chair Resigns Following Fraud Charges
After nearly two weeks of silence, Oberlin College announced that its endowment chair—charged with fraud by the SEC—has resigned.
Alts Giants Boast 50%+ of Global Industry AUM
Macquarie Group, Bridgewater Associates, and CBRE Global Investors topped Towers Watson's alternative manager ranking with $264 billion in cumulative assets.
Star Dutch CIO to Lead UK Electricity Pension
Power 100 alum Rob Schreur is moving to the UK to oversee National Grid’s new pension strategy.
AXA Dramatically De-Risks Internal Pension
Reinsurance Group of America has helped the French insurer and asset manager de-risk its UK pension.